Boats are expensive and their risks are unique — collisions, sinking, theft and liability on the water. Safeco offers watercraft coverage options to protect your vessel and wallet. Here is the overview.
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What Boat Cover Includes
- Physical damage: collision, sinking, theft, fire.
- Liability: injuries or damage you cause while boating.
- Medical payments for you and passengers.
- Personal effects coverage for items on board.
Size and Type Matter
Coverage scales with the boat (small outboard vs large cruiser) and how you use it (recreational vs commercial). Declare your boat's value accurately.
Add-Ons to Consider
- Uninsured boaters coverage.
- Roadside/towing on the water.
- Hurricane/moored-boat protection where relevant.
- Agreed value for distinctive vessels.
FAQ
Is my boat covered by home insurance?
Only very small craft and to a limited degree; dedicated watercraft cover is safer.
What governs liability on the water?
Maritime rules plus state law; insurance handles the financial side.
Related: Safeco RV and Safeco ATV.
Disclaimer: Coverage varies; confirm with your agent.